Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b51fc5ca-07a0-49c0-8be8-0fd305a3796a
Date 5/8/2014
Company Name Udemy
Mailing Address 640 2nd Street 2nd Floor San Francisco, CA 94107 USA
Company Description Udemy is a website that enables anyone to create an online course. Our goal is to provide our teachers with everything they could possibly need to create a great learning experience over the internet. Founded in 2008, we’ve worked hard for the past year to build this site and we hope you like it.
Proceeds Purposes The company, which has grown its revenue 300 percent over the past 12 months, plans to use the new capital to broaden and deepen its content library, expand its international presence and enhance product offerings. Udemy will also use funds to enhance its course creation and teaching platform, including enhanced tools to help instructors engage more deeply with current and future students. New teaching features include more robust instructor analytics for existing instructors and tools to further ease the course creation experience for experts around the world.